COURSE STRUCTURE & SYLLABUS

FOR
M. Tech. (INDUSTRIAL ENGINEERING & MANAGEMENT)

(Effective from Academic Session 2015 2016)

Department of Management Studies,

Indian School of Mines,
Dhanbad 826 004.
 Course Structure for
M. Tech. (Industrial Engineering & Management)

Semester Course No. Name of the Course LTP Credit

Hours
Semester AMC 51151 Advanced Numerical Methods and Applied Statistics 310 7
I MSC 51101 Management and Organizational Behaviour 300 6
MSC 51102 Accounting for Managers 300 6
MSC 51103 Operations Research I 300 6
MSC 51104 Productivity and Quality Management 300 6
MSC 51105 Managerial Economics (S) 300 6
MSC 51106 Legal Aspect of Business (S) 200 4
MSC 51201 Productivity Management (Practical). 002 2
MSC 51202 Personality Development Lab. 002 2
Total Credit Hours 45
Semester MSC 52101 Corporate Finance 300 6
II MSC 52102 Production and Materials Management 300 6
MSC 52103 Supply Chain Management & Logistics 300 6
MSC 52104 Project Management 300 6
MSC 52105 Operations Research - II 300 6
Elective 1 (S) 300 6
Elective 2 (S) 300 6
MSC 52201 Software Laboratory 002 2
MSC 52401 Term Paper & Seminar 000 4
Total Credit Hours 48
Summer Training of minimum 6 weeks
Semester MSC 53901 Industrial Training/Minor Project 000 4
III MSC 53401 Seminar & Viva-voce on Industrial Training 000 2
MSC 53501 Comprehensive Viva-voce 000 4
MSC 53801 Dissertation (Interim) 000 15
MSC 53402 Seminar & Viva-voce on Dissertation 000 10
MSC 53001 Teaching Assignment, Evaluation/Laboratory 000 5
Development Work etc.
Total Credit Hours 40
Semester MSC 54801 Dissertation 000 20
IV MSC 54401 Seminar on Dissertation 000 5
MSC 54001 Viva-voce on Dissertation 000 10
MSC 54002 Evaluation of Teaching Assignment /Laboratory 000 5
Development work etc.
Total Credit Hours 40
(S) indicates Sessional Paper

2
Electives (Any two from the list of following)

Course No. Name of the Course

MCE 52105 Advanced Manufacturing Systems
MCE 52108 Quality Engineering and Management
MSE 52101 Human Resource Management
MSE 52102 Analytics and Business Forecasting
MSE 52103 Marketing Research
MSE 52104 Infrastructure and Project Finance
MSE 52105 Marketing Management
MSE 52106 Industrial Marketing
MSE 52107 System Dynamics
MSE 52108 Services Operations Management
MSE 52109 Personnel Management & Industrial Relations
MSE 52110 Soft Computing

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 SEMESTER I

AMC 51151: Advanced Numerical Methods and Applied Statistics

Part I : Advanced Numerical Methods:

Solution of tridiagonal system, Evaluation of double and triple integrals by numerical

method and its application, solution of non-linear simultaneous equations numerical
solution of integral equations, Advanced method of interpolation, Numerical solution of
simultaneous first order ordinary differential equations and higher order O.D.E. Initial and
Boundary value problems, Numerical solution of partial differential equations: Laplace and
Poisson equation, Heat conduction and waved equations.

Part: II Applied Statistics

Review of binomial, Poisson, normal and lognormal probability distributions, Interval

estimates, tests of significance for mean, variance (one & two population case Z, t, X2 and
F tests), tests for correlation and regression coefficients. Non-parametric tests: Sign test,
Mann-Whitney Wilcoxon U-test, run test and test of randomness. One-way and two-way
analysis of variance. Time series analysis, reliability and life testing experiments in
engineering problems.

MSC 51101: Management and Organizational Behaviour

Management: Definition, The Evolution of Management Thought, Task & Responsibilities of

a Professional Manager; Functions of a Manager; Management Style; Managerial Decision
Making; Corporate Social Responsibility; Schedule VII in Section 135 of Companies Act,
2013 relating to CSR; Introduction to corporate governance; Ethics in Management.
Dimensions of Organizational Structure; Types; Determinants; Motivation, communication
and leadership

MSC 51102: Accounting for Managers

Introduction to Accounting, Accounting equation, Preparation of Budget and Budgetary

control, Analysis of Financial Statements, Comparative Statements, Common Size
Statements, Ratio Analysis, Du-Pont Analysis, Introduction to Cost and Management
Accounting, Cost concepts: Absorption & Marginal Costing, Behaviour of Costs, CVP
Analysis, Standard Costing and Variance analysis,

MSC 51103: Operations Research - I

Application of Operations Research Models in Management Decision problems;

Classification of Decision making situations: Pay-off matrix, Opportunity Cost Matrix,
Decision Making under risk and uncertainty; Linear Programming Model and its
applications, Solution methods, Duality theory and applications, Post-Optimality Analysis;
Transportation and Assignment Problems-solutions Methods; Non-Linear programming
models and applications; Concepts and principles of Network Analysis; Concept of Game
Theory; Replacement Analysis.

MSC 51104: Productivity and Quality Management

Productivity Management: Concept of Productivity Partial and Total Productivity, Models

for Productivity measurement. Productivity management cycle, Method Study, Work
measurement techniques, Incentive Plans, Quality Management Contributions of Juran,
Deming, and Crossby, Quality control tools and techniques.

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Ergonomics: Concept and scope of Ergonomics. Assessment of human capabilities and
limitations. Human physiological work capacity, Energy cost of Job, recommended energy
expenditure levels case discussion, Environmental Ergonomics: Work environmental
stressors, Human error and accidents.

MSC 51105: Managerial Economics (SESSIONAL)

Fundamentals of Economics, Microeconomics and Macroeconomics, Marginal Analysis and

Time Value of Money, Firm - Meaning and Objectives, Demand and Supply Analysis, Utility
Analysis, Production and Cost Analysis, Market Analysis, Price Discrimination, Pricing
Strategies, Public Goods and Externalities, Asymmetric Information, Economics of
Uncertainty and Risk.

MSC 51106: Legal Aspect of Business (SESSIONAL)

The Indian Contract Act, 1872, Nature, offer and acceptance consideration, Agreement vis-
-vis contract, void agreement & void able contract, Capacity to contract, Free Consent,
Legality of Object, Agreement not declared void, Contingent contracts, The Companies Act,
1956, Modification in Companies Act, Companies Act, 2013, Nature of Company,
Registration & Incorporation, MOA, Articles of Association its relation with memorandum of
Association, Prospectus, Membership, Kinds of Share Capital, Debentures, Directors-
Position, Appointment, Removal, Power & Duties, Majority Powers and Minority Rights,
Prevention of Oppression and Mis-management, Compromises Arrangements and
Reconstructions and Winding Up, Laws of Partnership, Nature, Relations and Dissolutions,
Introduction to Industrial Law, Employee Provident Fund and Payment of Gratuity Act,
1972, The Consumer Protection Act, 1986, Definitions of Consumer, Person, Goods,
Service, Trader, Manufacturer, Unfair and Restrictive Trade Practices, The Information
Technology Act, 2000, Digital Signature, Electronic Governance, Electronic Records,
Certifying Authorities, Introduction to Corporate Tax Planning, Direct Taxes: Income Tax,
Corporate Tax, Indirect Taxes: GST, VAT, Central Excise, Incidence and Impact, Recent
Developments in Tax Policy.

MSC 51201: Productivity Management (Practical).

The practical classes will be held in the following areas of Work Study and Human Factor
Engineering:
Method Study
Application of Principles of Motion Economy
Work Measurement
Anthropometry and Isometric Strength Data Base
Assessment of human capabilities and limitation
Assessment of physical work capacity/aerobic power
Assessment of work environmental stress and its impact/effect.

MSC 51202: Personality Development Lab.

Concept of Personality, Understanding Personality: nature and Nurture Debate, Personality

and human behavior, approaches Personality Development, normal vs. abnormal
personality, measuring personality: projective and subjective tests, psychometric
techniques, behavioral modification techniques for Personality Development: anxiety, stress
and cognitive appraisal, communication, inter-personal skills and emotional intelligence,
Personality Development and Managerial Effectiveness.

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 SEMESTER II
MSC 52101: Corporate Finance

Introduction to Financial Management, Time Value of Money, The Cost of Capital, Basics of
Capital Budgeting, Leverage, Management of Working Capital, Introduction to Optimal
Capital Structure, Sources of Finance, Introduction to Dividend Decisions.

MSC 52102: Production and Materials Management

Introduction to Production Management, Operations Strategy, Product Design, Process

Design, Facility Layout, Facility Location, Forecasting Models, Production Planning and
Control Aggregate Planning, Job Shop Scheduling.

Materials Management Functions & Objectives, Purchasing policy and sourcing

strategies, Supplier Rating, Selection and Development, Stores Management Principles and
Practices, Inventory management and techniques EOQ Models, Learning Curve, MRP I,
MRP II & ERP, JIT systems.

MSC 52103: Supply Chain Management & Logistics

Supply Chain Management genesis, definitions and basic structure, Value Chain concept,
Relevant issues in supply chain, Strategy formulation, Product type- Supply Chain Matrix,
Strategic sourcing and management of supply, Suppliers evaluation and development,
Outsourcing strategy.
Logistic Management functions and basic issues, Indian Scenario, Areas of logistical
decision making, Design of transportation network, Warehousing, Introduction to e-
commerce, Performance measurement of Supply Chain Management.

MSC 52104: Project Management

Project Management an Overview, Project Life Cycle, Feasibility Study, Market and
Demand Analysis, Technical Analysis, Financial Analysis, Social Cost-Benefit Analysis,
Detailed Project Report.
Project Planning and Scheduling- Planning Time Scales, Project Planning using Network
techniques, Scheduling of Project with Limited Resources, Implementation and Control,
Project Organization, Project Management Information Systems, Basics of Software Project
Management.

MSC 52105: Operations Research II

Integer Programming and its application in Decision Making, Solution Methodologies, Zero-
one programming; Dynamic Programming: Principle of Optimality, Concepts of State and
Stage, Solution of Discrete and Continuous Dynamic Programming Problems; Introduction
to Markov Process; Queuing Theory: Definitions & Classification, Applications; Discrete-
event Simulation and its applications; Concept of Multi Criteria Decision Making; Decision
Tree; Introduction to Stochastic Programming Model.

MSC 52201: Software Laboratory

Spreadsheet (EXCEL) based applications using built-in functions and Analysis tools
Application of Statistical Tools and Techniques.
Financial modeling using EXCEL.
Operations Research Models, Sensitivity Analysis, Monte Carlo Simulation.
Use of Application packages like SPSS, MINITAB, LINDO and LINGO.
Project Management Software like, Primavera.

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 LIST OF ELECTIVES (ANY TWO)
MCE 52105: Advanced Manufacturing Systems

Group Technology: Concepts, applications, Opitz system of classifications, merits and

demerits. Cellular Manufacturing system(CMs): Principle of cell formations, applications,
different methods of cell formations, Scheduling in CMS, merits and demerits., Assignment
scheduling and sequencing problems, Lean Manufacturing: concepts, implementation
methodology, case studies, Agile Manufacturing: Definition, agility, method of
implementation, relationship between lean and agile manufacturing, Concepts of Flexible
manufacturing system (FMS), components of FMS, FMS layouts and design, Computer
Integrated Manufacturing system(CIM): Concepts, applications.

MCE 52108: Quality Engineering and Management

Introduction, Acceptance Sampling, Control Charts, Types of Control Charts, X-Chart, p-

Chart, Control charts for attributes, Need for TQM, evolution of quality, definition of
quality, TQM philosophy, Contribution of Deming, Juran, Crosby and Ishikawa. TQM
Models, Vision, Mission, Quality policy and objective, Planning and Organisation for
quality, Quality policy development, Quality Function Deployment, Introduction to BPR and
analysis of Quality Costs, TQM principles customer focus, leadership and top
management commitment, employee involvement, empowerment and team work, Supplier
Quality Management, continuous process improvement, Training, performance
measurement and customer satisfaction, TQM tools and techniques the seven tools of
quality, new seven tools, concept of six sigma, FMEA, benchmarking, JIT, poka yoke, 5S,
kaizen, quality circles, Quality Systems Need for ISO 9000 systems, clause,
documentation, implementation, introduction to ISO 14000 and OSHAS 18000.
Implementation of TQM, Case studies.

MSE 52101: Human Resource Management

Definition and Concept; Challenges of HRM; HR as a factor of Competitive Advantage;

Human Resource Planning; Job Analysis, Job Description, Recruitment and Selection;
Performance Appraisal: Process and pitfalls; Compensation: Types & benefits; Maintenance
& Separation; Training & Development; Gender Issues at work place.

MSE 52102 Analytics and Business Forecasting

An Introduction to econometric modeling and business forecasting, Regression based

forecasting: Bivariate Model and Multivariate Model, Assumptions and Tests, Specification
and Measurement Errors, Interpolation and Extrapolation, Multicollinearity and Serial
Correlation, Heteroskedasticity, Dummy Variable Modeling, Panel Data Modeling,
Simultaneous Equation Modeling, Time series based forecasting, Basic Features of Time
Series, Forecasting by Decomposition Method and Smoothing Technique, Box Jenkins
Methods.

MSE 52103 Marketing Research

Basic Concepts, Marketing Research Process, Sources of Information, Experiment and

Survey Design, Multivariate Techniques for Marketing Research Multiple Regression,
Multiple Discriminant Analysis, Factor Analysis, Cluster Analysis, Conjoint Analysis,
Multiple Dimensional Scaling.

MSE 52104 Infrastructure and Project Finance

An Overview of Infrastructure and Project Finance, Project Finance in Developing

Countries, The Importance of using project Finance, Concept of Capital Budgeting, Time
Value of Money, Cost of Capital, Concept of Risk & Return and calculation of required rate
of return for a Project: Project Identification and Feasibility Studies, Preliminary Screening,
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Analysis: Market, Technical, Financial, Economic and Environmental Analysis: Financial
Analysis: Estimation of Cost of Project: Estimation of Cash Flows of the Project, Elements of
the cash flow stream, Basic principles of cash flow estimation, Biases in Cash Flow
estimation. Financial Estimates and Projections: Projection of Profit, Projection of Cash
Flow Statement, Projection of Balance Sheet. Financing Of Projects: SEBI Guidelines on
Project Financing in India, Sources: Equity, Debentures and Term Loans from Financial
Institutions, Policies and practices of Indian Financial Institutions

MSE 52105 Marketing Management

Marketing Concepts Approaches to Marketing/ Marketing Mix Functions of Marketing-

Marketing Environment The changing marketing environment Analyzing needs and
trends in Macro Environment and Micro Environment - The Marketing Process - Market
Segmentation , Market Targeting and positioning strategies, B2B and B2 C marketing, New
Product Development, Packaging Purpose, Types and New Trends in packaging, Product
Life Cycle, Physical Distribution Importance and role of distribution in marketing,
Introduction to the various channels of distribution Promotion Tools Sales Promotion,
Advertising, Personal Selling, Direct Marketing and Online Marketing, Pricing Integrated
Marketing Communication, Branding and Packaging, Recent Trends in Marketing.

MSE 52106 Industrial Marketing

Basics of Industrial Marketing, Industrial Markets and Environment, Industrial buyer

behaviour, STP framework in industrial market, Product strategy and new product
development, industrial distribution channels, Communications for Industrial market,
Industrial pricing strategies and policies, International industrial marketing.

MSE 52107 System Dynamics

Systems Concept and System Dynamics, Evolution of System Dynamics as a System

Enquiry Methodology, Physical and information flows, causality and its interpretation,
Causal loop diagramming. Flow diagramming, Level and rate configurations, Principles of
modeling, Behavioural characteristics of low order systems, Smoothing of information,
Exponential delays, Response characteristics of smoothing and delay functions, Model
formulation, Simulation of system dynamics models, Software packages for System
Dynamics Simulation, Model validation, Policy design, Some applications of system
dynamics methodology to policy design problems in industrial, economic, social,
environmental, and technological systems etc.

MSE 52108 Services Operations Management

Matrix of Service Characteristics, Challenges in Operations Management of Services,

Aggregate Capacity Planning for Services, Facility Location and Layout for Services, Job
and Work Design- Safety and Physical Environment, Effect of Automation, Operations
Standards and Work Measurement, Measurement and Control and improvement of
Quality of Services, Concept of a Total Quality Service, Dynamics of Service Delivery
System, Aggregate Planning for Services, Scheduling for Service Personnel and Vehicles,
Inventory Management in Services, Supply Chain and Distribution of Services, Total
Productive Maintenance (TPM) in Services, Case Studies of Exemplary Professional
Services.

MSE 52109 Personnel Management & Industrial Relations

Personnel Management: Nature & Evolution, Personnel as a Specialist Function, Qualities

of a Personnel Manager, Personnel Policies, , Discipline & Grievance Procedure: Definition,
Disciplinary Procedure Model, Termination of Employment: Retirement, Resignation &
Termination of Contract, Layoff & Exit Interview, Dealing with Human Aspects of
Termination, Cases in Indian & International Context.

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Industrial Relations: Definition, Approaches to IR, Parties to IR, Industrial Worker in India:
Profile of Indian Workers in India, Problems of Industrial Workers: Absenteeism,
Commitment, Work Ethics, Industrial Dispute: Causes, Types, Settlement of Disputes,
Collective Bargaining: Prerequisites, Process, Growth of Collective Bargaining in India,
Workers Participation in Management: Concept, Purpose, Workers Participation Scheme in
India Trade Unions: Origin, Growth, Structure, Problems in India Labour Welfare: Concept,
Purpose, Statutory & Non-Statutory Provisions: Contract Labour Act 1970, Laws related to
Remuneration: Payment of Wages Act 1936, Minimum Wages Act 1948, Payment of Bonus
Act 1965, Equal Remuneration Act 1976, Laws related to Industrial Relations: Industrial
Disputes Act 1946, Industrial Employment (Standing Orders) Act 1946, Trade Union Act
1926, Laws related to Social Security: Workmen Compensation Act 1926, Employee State
Insurance Act 1948, Employee Provident Funds & Miscellaneous Provisions Act 1952,
Maternity Benefit Act 1961, Payment of Gratuity Act 1972, Current Developments &
Amendments in various Laws.

MSE 52110 Soft Computing

Soft Optimization Methods: Genetic Algorithm, Simulated Annealing, Neural Network and
Heuristic Programming Methods.